Applied Micro Circuits Corp (NASDAQ:AMCC)

PickMassa (< 20) Submitted: 4/27/2010 1:16:15 PM : Start Price: $10.31 AMCC Score: -59.21

Earnings beat a coming

dameta (40.22) Submitted: 3/13/2008 9:59:58 PM : Start Price: $7.43 AMCC Score: -32.89

new products and with the reverse split less shares and growing earnings.

SigmaMutual (< 20) Submitted: 2/19/2008 4:22:41 PM : Start Price: $7.31 AMCC Score: -30.79

Another very beaten down semiconductor company. Will make a comeback in the 2nd half of 2008 and into 2009. Value value value.

NeroSagetrade (91.74) Submitted: 12/13/2007 10:17:33 PM : Start Price: $9.76 AMCC Score: -38.96

Applied Micro Circuits is one of the very few bargains out there that I simply cant resist at these levels. AMCC manages to always dance around the breakeven line earning somewhere between 2-10 cents in EPS each year. They recently completed a 1 for 4 reverse split which should help retire an overabundance of shares and reduce expensing. Overall AMCC has a ton of cash on hand so Im not worried about their liquidity even in a soft market. The company seems attractive here as a possible takeover candidate even. If you put money into AMCC and come back in 2 years I feel you'll have yourself a double.

Nero

Sagetrade

NetscribeManufac (31.73) Submitted: 5/22/2007 7:32:21 AM : Start Price: $11.88 AMCC Score: +47.18

The stock of Applied Micro Circuits Corporation (AMCC) has been declining since late February when it reached a 10-month high and now it is trading at less than $3 per share. The shares were also affected by the company’s the fourth quarter results where in the revenue declined by 8% sequentially and the gross margin also declined 340 bps to 56.0% due to unfavorable mix and pricing. The poor performance was mainly driven by the 30% decline in the sales to the distributors which affected all the products in the company’s portfolio.

Adding to the investors concern is the company’s next quarter’s guidance which points to a 15% further sequential decline. Although the company’s net loss narrowed a bit, but the operating margins have been negative since the several quarters. Looking at the management’s recent guidance and the performance, the company seems to be a long way from re-approaching a double-digit operating margin figure.

AMCC is building a better company around the PowerPC processor and next-generation optical products, with SAS as upside. The company has recently had a $3.7 million processor design the nature of which is such that it is expected to generate large dollars over a one or two-quarter timeframe, every four to five quarters. But as of now it is not expected to meaningfully reoccur until sometime late in fiscal year 2008 or early fiscal year 2009. Looking at the current scenario the investors are unlikely to bid up AMCC shares for the coming year or so.

ashvinmeh (< 20) Submitted: 5/1/2007 12:35:49 PM : Start Price: $11.52 AMCC Score: -48.62

A new product line with very high speed processors for Networking/Storage is under way. The revenue stream will indeed increase.

hlthqst (53.22) Submitted: 12/7/2006 5:44:21 PM : Start Price: $14.56 AMCC Score: -63.24

Value

naybaby (< 20) Submitted: 11/16/2006 2:01:23 PM : Start Price: $13.36 AMCC Score: -60.05

silicon valley will return to its former glory

diccamarillo (< 20) Submitted: 11/16/2006 1:52:40 AM : Start Price: $13.44 AMCC Score: -60.70

An interesting chip company. When the tech sector gets hot, this will be a runner.

jpokergman (< 20) Submitted: 11/10/2006 11:00:27 AM : Start Price: $12.76 AMCC Score: -60.25

The worst is behind them.